Vigor Marine Group launches under unified name Five leading American marine and industrial service companies - Vigor, Continental Maritime of San Diego, MHI Ship Repair & Services, Seaward Marine Services, and Accurate Marine Environmental - have announced their unification
Vigor Marine Group's consolidation signals US push to counter China's shipbuilding dominance In a bold move to strengthen America's maritime capabilities, five leading US ship repair and marine service providers have united under a single banner. This consolidation aims to bolster the United States' commercial and defense maritime sectors at a critical juncture
AI reshape shipping operations The integration of artificial intelligence into shipping operations, is poised to transform competition in the maritime industry by enhancing efficiency, safety, and sustainability while introducing new risks. Container News generated an assessment of how AI could reshape competition in shipping operations, focusing on its applications and underscoring potential dangers, incorporating the East Me
From risk to reliability: The case for specialist freight partners The freight forwarding landscape is increasingly complex. Importers and exporters are navigating a minefield of shifting customs regulations, stricter environmental pressures, and a rapidly shifting trade agreement and tariff landscape. The movement of simple, high-volume goods is affected by these challenges, but the stakes are even higher when the cargo is unconventional, delicate, or time sens
Calling Up Innovation: How Large-Format 3D Printing Is Changing the Manufacturing Game The manufacturing industry has always been at the forefront of adopting new technologies to improve efficiency, reduce costs, and expand creative possibilities. In recent years, one such breakthrough that has captured widespread attention is large-format 3D printing. This technology is not just an incremental improvement over traditional manufacturing methods-it represents a fundamental shift in
Streamlining Lifting Operations: Why Jib Cranes Are Essential for Compact Workspaces Lifting and moving heavy loads is a critical function in many industrial and commercial settings. Whether in manufacturing plants, warehouses, or workshops, efficient material handling can make a significant difference in productivity and safety. However, when workspace is limited, traditional lifting equipment often struggles to perform effectively. That's where jib cranes come into play - a ver
Cuba: The dormant diamond of Caribbean logistics Geographically, Cuba is a logistics masterpiece, a maritime bridge between the Gulf of Mexico, the Panama Canal, and the U.S. East Coast shipping lanes. And yet, in the summer of 2025, it remains a missing piece in Caribbean logistics trade. The cause? Not infrastructure. Not geography. But a persistent mesh of sanctions, systemic rigidity, and diplomatic inertia. Still, momentum is building bene
CMA CGM streamlines Euraf5 service with West Africa Port pairings CMA CGM has announced a revised rotation for its Euraf5 service, which links the Gibraltar Straits with West Africa. The reshaped route sees the removal of Luanda and Pointe Noire, replaced by calls at San Pedro (Côte d'Ivoire) and Dakar (Senegal), in a move designed to enhance service efficiency and market responsiveness. As part of the revision, the fleet size has been reduced from six to five
Top 7 Ways OpenAI Is Solving Real-World Problems Artificial Intelligence has moved beyond theory-it's solving real problems across industries and changing how we live, work, and create. Among the leaders in this revolution is OpenAI, whose tools and technologies make AI accessible and practical for everyday use. Here are seven powerful ways OpenAI is tackling real-world challenges from education to science. Enhancing Education with Personalized
Trump softens on Iran intervention amid maritime chaos in Gulf Oil prices dipped 2% in early trading today as Donald Trump appeared to step back from joining Israel's attacks on Iran, while the waters in the Middle East remain busy, and dangerous thanks to vastly increased GPS spoofing in the region in the week since war broke out between the two Middle Eastern nations. UK, ...
K Line teams with Provaris in hydrogen carrier drive Japanese shipping major Kawasaki Kisen Kaisha (K Line) has partnered up with Australia's Provaris Energy to advance compressed hydrogen shipping and offshore storage solutions. The two companies have signed a 12-month memorandum of understanding (MoU) to jointly explore the development, construction, and operation of Provaris' H2Neo carrier and H2Leo barge. Provaris is currently developing a ...
Seafaring remains one of the world's most dangerous professions , according to a major new report, which surveyed 147,000 people in many different jobs across the world. According to Lloyd's Register Foundation's latest World Risk Poll Focus On report, 25% of ocean workers report having experienced harm from their work in the past two years, compared ...
Ventyr picks substation contractor for Norwegian offshore wind farm Ventyr, a consortium consisting of Parkwind and Ingka Investments, has awarded Worley Rosenberg a preferred contractor agreement for the development of the offshore substation on the Sørlige Nordsjø II offshore wind development in Norway. The agreement between the two parties also includes an early works agreement for design engineering. Sørlige Nordsjø II is Norway's first ...
DHT confirms VLCC buy New York-listed VLCC pure-play DHT has confirmed the acquisition of a modern Korean-built tanker. The Svein Moxnes Harfjeld-led company said it will be adding an unnamed 2018 Hyundai Heavy Industries-built vessel in the third quarter of this year. DHT is paying $107m for the scrubber-fitted VLCC, which is expected to improve the company's fleet age ...
Equinor taps Shearwater for 4D survey off Norway Norwegian energy giant Equinor has contracted offshore seismic vessel player Shearwater Geoservices to perform a 4D towed streamer seismic survey over the Tyrihans field offshore Norway. It is the first project awarded under the Equinor frame agreement, following a recent two-year extension. The one-month Norwegian Sea survey begins in early August. Shearwater will deploy the ...
DOF subsea construction vessel finds work in Atlantic region Norwegian offshore vessel owner DOF has won multiple contracts for the subsea construction vessel (SCV) Skandi Inventor in the Atlantic region. The DP3 construction vessel secured more than 100 days of firm work with undisclosed clients, with additional options available. The 2018-built vessel is equipped with a 400-ton active heave-compensated crane and a large working ...
Dynacom bolsters suezmax orderbook in China Greece's Dynacom Tankers has swelled its suezmax orderbook at China's New Times Shipbuilding. Newbuilding sources report that George Procopiou's company has signed up for six more 159,000 dwt vessels, adding to a previously booked pair at the privately owned shipyard in April. The latest sextet will run on conventional fuels, will be equipped with scrubbers ...
Poland sends derelict Russian tanker for demolition Poland is removing a stranded Russian product tanker and sending it for demolition in Denmark The 1987-built, 23,000 dwt Khatanga has been stranded in the Port of Gdynia for nearly eight years. It was detained in October 2017 after failing a port state inspection, with its owners, Murmansk Shipping Company, promising repairs that were never ...
Ningbo Ocean Shipping ramps up fleet expansion Ningbo Ocean Shipping Co (NBOSCO) has set out to further expand its containership fleet with an investment in four 4,300 teu newbuildings. The Shanghai-listed subsidiary of Ningbo-Zhoushan Port Group has lined up up to $278m for the quartet, with the shipyard yet to be selected through a bidding process. The move comes hot on the ...
PIL's Teo Teng Seng takes the reins at SSA Teo Teng Seng, an advisor at Pacific International Lines (PIL), has been elected as the new president of the Singapore Shipping Association, succeeding Caroline Yang as head of one of the largest regional shipping bodies in the world. Teo had served as chair of SSA's digitalisation committee for the past five years. "As our industry ...
Russia redraws territorial waters baseline in Baltic Sea Tensions in the Baltic are high, but while not necessarily common, the adjusting of baselines is not that unusual and...
IMO shows progress on piracy but challenges remain IMO members have hailed progress on fighting piracy and armed robbery, but incident data and reporting are imperfect and challenges...
Largest containership since March 2024 transits Suez Canal France-based CMA CGM has agreed to resume transits through the Suez Canal after conversations with the SCA
Transpacific spot rates rapidly slump back toward pre-tariff reprieve levels The predicted cargo transport boom following the pause in higher US tariff levels is quickly turning into a bust. Transpacific...
London Club ahead of pack on underwriting performance Results underline impact of focus on rating and deductibles, International Group affiliate insists
Israel-Iran: seatrade flows even as the bombs fly Tanker spot rates doubled, premiums for Israel port calls up threefold. And hundreds dead
IAPH launches port cyber security guidelines for emerging tech IAPH guidelines designed to help ports and maritime stakeholders navigate the complex cyber security landscape shaped by rapidly evolving technologies...
First two-stroke ammonia engine delivered to Exmar newbuild in South Korea First two-stroke, ammonia-fuelled engine delivered for lead ship in series of four gas carriers for Nicolas Saverys-controlled shipowner
The Daily View: Nervous times
Teo Teng Seng takes helm of Singapore Shipping Association Teo succeeds former president Caroline Yang after her maximum three consecutive terms spanning six years
Ningbo Ocean continues fleet expansion with $276m newbuild order The company also announced a leadership change, with Chen Wenke appointed as deputy general manager amid continued growth in revenue...
Poor ocean reliability presents major challenge for US ag exporters With little relief forthcoming, cargo owners need to build delays into their shipping plans as port and ship capacity remain tight, speakers at the Agriculture Transportation Coalition's annual meeting said.
India-US liners attempt hefty peak season rate hikes despite trade volatility But sources do not think carriers will have an opportunity to net full recovery of the proposed amounts in the current market environment unless strategic capacity cuts occur.
Cosco boosts feeder reach under pair of deals with X-Press Consultancy MDS Transmodal said the two companies will have just under half of the almost 176,700 TEU in feeder ship capacity deployed in Europe and the Mediterranean.
Stars return, a neglected market gets respect and a founder is toasted This week's Streetwise explores three things we learned from Marine Money Week in New York
US targets Houthis with biggest sanctions package amid Middle East missile strikes Treasury says the move targets an oil smuggling network and shipments for Iran's defence industry
Threat to global shipping safety: Russia complains to IMO over Inmarsat shutdowns Company says the global distress alert system will not be affected if it cuts commercial services
Deadly Iranian missile strike hits Israeli port city of Haifa Smoke seen rising from building after several people injured in the attack
Meet 'The WorkHorse': Faerder Tankers merges ammonia supply and bunkering in ship design Chief executive Paal Stenberg says new marine fuel will need scale when it arrives
Fratelli Cosulich and Iino team up on methanol and ammonia bunkering Japanese and Italian groups looking for opportunities in future fuels
Wavelength podcast: So, what happened in the Gulf this week? Plus, the story of the master framed for drug smuggling and catching up on CO2 shipping developments
Sanctioned shipowner's bias allegations over tanker sale slammed by High Court judge Justice Neil Calver calls claims by Virgo Marine 'wholly unjust'
Ningbo Ocean heads to yards for $278m container ship spree Chinese owner adding to fleet again after signing deal for four vessels last month
Latsco Shipping lines up container ship newbuildings amid fading trade war tensions Major Greek owner is in close talks with Huangpu Wenchong to maintain focus on handysize container ships
Baltimore bridge collapse weighs heavily on insurer's finances UK Club reveals costs of up to $22m from its share of the claim from largest-ever marine casualty
No time to waste on LCO2 ship orders after EU pushes oil majors on storage, Clarksons says UK broker says immediate action is needed after landmark net-zero ruling
Navigating the turning point: Why the IMO's next steps matter more than ever Shell Marine president Houda Dabboussi tackles three key questions
Replacing Qatari and UAE supply if Hormuz closes would be 'major challenge', broker says Qatar calls stakeholders for meetings to discuss risks and contingencies
Transpacific container spot rates post record weekly fall Demand is already slacking as shippers to the US face more uncertainty
Shipbroker Charter Haus opens new office in Japan to reinforce Asian business Broking company hires ex-SPI Marine broker Shohei Fujisawa to lead Tokyo office
Greek owner Chios Navigation breaks into boxships with Chinese newbuildings Caroussis family outfit signs LOI for up to four handy container ships
Israel-Iran conflict lifts analyst outlook on LPG stocks Arctic raises stocks of BW LPG and Dorian LPG
DHT confirms VLCC buy for 'eyebrow-raising' $107m to replace capacity lost through sales Owner says it is always on the lookout for ways to boost earnings for shareholders
Sanctioned tanker approached by Danish Navy after showing false flag The Udaya is carrying Russian crude through the Baltic
Iran switches tanker loading tactics at Kharg Island to protect VLCCs Ships are taking on crude from more protected eastern jetty in turbulent Middle East Gulf
K Line teams with Provaris to bring first compressed hydrogen carriers nearer to fruition Japanese giant will help with technical and charter elements of newbuilding programme
Huge CMA CGM container ship makes ground-breaking Suez Canal transit Authority's chairman Ossama Rabiee says passage marks start of restoration of mega-boxship traffic
Russia redraws maritime boundaries in Baltic Sea tinderbox Moscow's 'technical adjustments' may spark fresh tension with Nato adversaries in northern Europe
Oystein Stray Spetalen-backed Standard Supply shifts from offshore ships to bitcoin Company will change name to StandardCoin
Seatrade inks eight-ship order for its largest container vessels to date Deal with Chinese yard adds to European owner's existing 10-ship portfolio
Singapore Shipping Association names PIL stalwart Teo Teng Seng as new president Outgoing president Caroline Yang is stepping down after a six-year tenure
DHL Express Canada seeks exemption on use of replacement workers DHL Express Canada was forced to suspend operations Friday. The company wants the government to override a new law prohibiting the use of replacement workers.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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